European Manufacturing Activity Weakens as Export Orders Decline

European manufacturing slowed due to weak exports and energy pressures, with markets watching survey trends for signs of stabilization.

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4 days ago

European Manufacturing Activity Weakens as Export Orders Decline

European Manufacturing Activity Weakens as Export Orders Decline
Manufacturing output in Europe declined as export demand softened across automotive, machinery and chemical industries. Higher energy costs continued compressing margins, prompting several firms to revise production schedules.  However, government incentives aimed at accelerating green industrial investment provided partial support.
Tags:
  • europe
  • manufacturing